# 723 Metropolitan Avenue, Brooklyn

Apartment building · 5 units · built c. 1920 · Block 2759, Lot 32.

On Umarelli: https://umarelli.org/nyc/3027590032/723-metropolitan-avenue

More construction in East Williamsburg: https://umarelli.org/nyc/brooklyn/east-williamsburg.md

## Building permits

- Major Renovation — Multi-Family, filed Jun 25, 2026, estimated cost $999K, 3 units in all, 5 stories, described as “Interior renovation and proposing new 4TH floor and penthouse to existing 3 story structure with cellar”

## Property taxes

- Assessment: $629,100
- 2026–27 tax: $13,014
- Market value (city estimate): $1,398,000
- Taxable value: $104,624
- Assessed land: $81,900
- Assessed improvements: $547,200

## Zoning

R7A: floor area ratio 1.22 built, 4.00 allowed by base zoning.

## Recent sales

- Nov 12, 2025: $3,350,000

Open-market sales since 2016, from the Department of Finance’s sales files.

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

From New York City and Jersey City public records, refreshed within a day of each release. Sources: https://umarelli.org/sources. Methodology and corrections: https://umarelli.org/methodology